Blogs

Due to the property tax reform, owners of houses and apartments, leaseholders and all land owners, whether of plots, forestry or agricultural land, will have to file an additional property tax return in 2022. We explain what it’s all about and how you need to proceed now.

Cost of living in Germany is relatively lower when compared to other European countries. However, even a tiny amount of money can make a big difference for students. And it’s common for all students to want to save as much money as possible. In this sense, the location you choose to live has a significant…

To keep track of their credit rating, everyone is entitled to a free copy of their Schufa report once a year. You can obtain this by submitting your information online at meineSchufa.de.

If you’re looking at buying a house in Germany, you should also consider buying a house on a leasehold basis.

A lot of people when they move to Germany come with the dream of owning their own apartment in the city. The most obvious thought that comes to mind while a person decides to invest in real estate is, how am I going to arrange for the finances? We’ve tried to cover things that people…

Why are real estate foreclosed? Auctions in real estate (Versteigerung) always come with mixed emotions. For bidders it’s a happy occasion of having acquired a property very cheaply and for the previous owners, it shatters a dream since foreclosure auctions happen only if the owner has defaulted. Usually, it’s the high debt of the owner…

One of the factors which can help you reach a decision while buying property is special payments or lump-sum payments (Sondertilgung). Let’s dive into the details of the special repayments. Let’s try and answer some very important questions like do the banks offer this service for free or do you have to pay for it?…